Green Candle on the WeeklyTwo bullish wicks on the weekly, I think we are being trapped before the end of the week here.
Who knows.
Good luck.
Sneaky
Bigger picture that we are all missing!There is a bigger picture that we are all missing in BTC:
-Rally from 6000 to 11.5k was the 1st wave.
-2nd wave didn't broke the 1st wave since it didn't retrace %100.
With 14-16 May annual consensus I think we will see the might of the 3rd wave. The best part about this 4th wave won't retrace as much as 2nd wave because 2nd wave was complex and retraced hard. Therefore, without hitting under 10k levels we will see 15ks again.
Mark my words.
FB: Facebook Trying to leave the scene of the crime Facebook FB. Sneaky Zucker
Interesting that the villain of the piece is the one trying to
leavethe crime scene fastest. Sneaky as ever!
It only came back to the top of the next gap (left of chart)
and narrowly missed touching the lower longer term parallel
by a dollar or two - whf it thinks it's doing is anyone's guess -
it's should get a good slap from 167 really but has potential to
rally right up to the upper resistance lines that all meet at
176.80 - if it can manage that it's a screaming sell with stops
above.
It should come back to double bottom at the lower parallel
soon though.
If wrong here, and at any point 144 gives way it's another
massive short back to 114.
Bulls aiming for 1.2730! Buy the obvious (and secret) resistanceBack again! This time my mathematical formula points to some secret support in the EURUSD chart. This resistance has obvious confluence that even a blind man can see. If you're selling (I am) you need to beware this location as it points to 1.2730!!
ETH warning! Hidden resistance identified! Bulls beware! Here we are again, as with the BTC hidden resistance, ETH has now identified the resistance located in the square of the chart. If you're a bull you should beware this area! This is resistance based on a proprietary mathematical equation....take heed...
Get ready for some volatility.With this pair in a 9 month down trend on the daily and a confirmed up trend on the 60, price is getting squeezed by trend lines.
If prices breaks through to the upside the next resistance is at 114.5 then 115.5 then there is no solid resistance till the double top at 118.600.
There is bound to be a bunch of stops placed above that down trend line, which means if prices breaks above it stops will get filled which is going to accelerate the move.
I will place a pending buy stop just in case the move is explosive and happens during the NY session.
Until then I am going sneak in a little long trade to the upper trend line and resistance at the recent double top.
If however it breaks to the downside there is plenty of structure to slow it down, so I am Long biased.
